Top Stories

FIA President Jean Todt "is concerned about the future of F1," according to BILD. Todt said, "I'm afraid that we'll lose teams." In an interview, Todt "defended the cost-reduction measures." He said, "Everyone wants this budget ceiling. It has to be put down in writing. Then it's mandatory for all." Todt added that a lot of teams approach him and F1 CEO Bernie Ecclestone and "beg them to finally introduce a budget cap."